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Co-Authored-By: Claude Opus 4.8 <noreply@anthropic.com>
2026-07-06 10:51:44 -04:00

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LegalText 16 U.S.C. § 473 Use of proceeds; administration of leases us united_states_code code_section 16 CONSERVATION 1 NATIONAL PARKS, MILITARY PARKS, MONUMENTS, AND SEASHORES 473 16 U.S.C. § 473 current 119-100 2026-06-26 official https://uscode.house.gov/download/releasepoints/us/pl/119/100/xml_usc16@119-100.zip /us/usc/t16/s473 data/legal/raw/us/code/title-16/usc16.xml 22fd415f5d5c106b6a9c1bb424c90967936d6894617a70660714179166938f53 7be8950da5a93cac7c98e4576ce00340f2aba5e8e46d29915382c203c421d503 f3fea589b9e1e4f8c188ed4995c4cf684c2e1c62b4b9194961cf1a4eab31f854 2026-07-04 official
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16 U.S.C. § 473 - Use of proceeds; administration of leases

Text

(a) Notwithstanding any other provision of law, the proceeds from any leases issued by the Secretary pursuant to section 472 of this title may be credited to the appropriation bearing the cost of administering (directly or by contract) the leases and of constructing, improving, and maintaining roads, utilities, buildings, and other facilities within the El Portal administrative site. In the administration of the leases, the Secretary may contract for the management of the leases and of the leased premises, subject to such terms and conditions, including the right of the Secretary to purchase and sell the unexpired terms of leases and subleases, as will protect the interests of the United States. The Secretary may also contract for the use by him of any improvements to leased property for purposes of the El Portal administrative site or for purposes of Yosemite National Park, and he may use the proceeds from any leases for the purpose of making payments under any such contract.

(b) The Secretary may at any time acquire the unexpired term of any lease or sublease issued or entered into pursuant to sections 472 to 476 of this title by purchase with funds available from the proceeds of leases, or with donated or appropriated funds, or by donation or exchange.

(Pub. L. 90409, § 2, as added Pub. L. 99542, § 1(4), Oct. 27, 1986, 100 Stat. 3037.)

Notes

Editorial Notes

Prior ProvisionsA prior section 2 of Pub. L. 90409, which was classified to section 472(b) of this title, was renumbered section 3 of Pub. L. 90409 and is classified to section 474 of this title.